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Is Patagonia a good company to work for in 2026? A verified read

Is Patagonia a good place to join right now?

Under the ownership change Patagonia announced in September 2022, the Patagonia Purpose Trust and the Holdfast Collective own the company (Patagonia Works). Its report shows net sales of $1.47 billion in fiscal 2025, down from $1.568 billion in fiscal 2023 (Patagonia). In September 2024 chief executive Ryan Gellert wrote that "while we remain profitable, we are vulnerable to the same economic headwinds" as others in the industry (Patagonia Works), as Patagonia said goodbye to 41 colleagues (Patagonia Works).

StabilityRestructured
TrajectorySales down
WatchUnions

Which company this page is about

This page covers Patagonia, Inc., the apparel and equipment company Yvon Chouinard founded in 1973 (Patagonia Works; Patagonia Works), and its holding company, Patagonia Works (Patagonia Works). It is not the Patagonia region of Argentina and Chile. Great Pacific Iron Works, Patagonia's retail company, is the party that asked the NLRB to review the SoHo store election decision (NLRB). The company's 2022 ownership page says it continues to be a for-profit business, a certified B Corp and a California benefit corporation (Patagonia). SEC EDGAR full-text searches for "Patagonia Works" and "Patagonia, Inc." return no Form D filings from 2022 through October 5, 2026 (SEC EDGAR; SEC EDGAR).

Is Patagonia financially stable?

Patagonia's report says "the 2025 fiscal year was tough," citing changes in the global economy, shifts in how people shop and rising costs of doing business, and that it "restructured parts of the company and ended some programs we cared deeply about" (Patagonia).

The operating picture

Net sales, fiscal 2023 to fiscal 2025 ($1.50B in fiscal 2024), per the company's report$1.568B → $1.47Bas of
Share of fiscal 2025 sales from the U.S. (fiscal year to April 30, 2025; revenue $1.47B)61%as of
Employees in fiscal 2025 (full-time, part-time and seasonal)3,716as of
Stores worldwide, owned and partner (106 owned), plus more than 5,700 wholesale partner locations; business in 45 countries, per the Nov 2025 report160+as of
The CEO on Sept 30, 2024: "while we remain profitable, we are vulnerable to the same economic headwinds many companies in our industry are facing"Profitable, 2024as of
Patagonia statedPatagonia Workscorroborating source

Owners and payouts

Voting stock held by the Patagonia Purpose Trust; non-voting stock by the Holdfast Collective (ownership change announced Sept 14, 2022)2% / 98%as of
Patagonia statedPatagonia Workscorroborating source
Received by the Holdfast Collective from Patagonia since it was founded in August 2022, per the company's Nov 2025 report$180Mas of
Dividends from Patagonia Works reported by Holdfast Trust, the largest of the five trusts in the Holdfast Collective (77.7% of any dividend), tax year 2024 ($38.9M for 2023)$62.2Mas of
How often the board decides whether the company can afford a dividend, after reinvesting and reserving cash to operate independentlyTwice a yearas of
The founder's 2022 letter on taking the company public ("What a disaster that would have been"): "Instead of 'going public,' you could say we're 'going purpose.'"Going purposeas of
Patagonia statedPatagoniacorroborating source

Has Patagonia cut jobs?

A Patagonia spokesman told The Dallas Morning News on April 14, 2026 that closing its Deep Ellum store later that month would affect a little more than a dozen employees, about half of them remote customer-experience staff tied to the Dallas hub (The Dallas Morning News).

Reno outlet union certifiedWorkers voted 9 to 5 to join UFCW Local 711 in an election on a petition from Patagonia's retail company, and the NLRB closed the case with a certification of representative.National Labor Relations Board
90 remote customer-experience staff told to relocate or leave90 of the team's 255 people were asked to move within 60 miles of one of seven hub cities by September 30.Fortune
Patagonia says goodbye to 41 colleagues in a restructuringAbout one percent of its workforce, with a minimum of 22 weeks of pay, increasing with tenure, and financial support to cover health-insurance costs for a year.Patagonia Works
Report says Ventura's Kids Club and Summer Camp would be phased out by June 2026The programs for kindergarten through third grade were to end by June 2026, concentrating child care on ages 8 weeks to 5 years.Patagonia (Work in Progress Report 2025)
Patagonia sues over IEEPA duties in the Court of International TradeIn their January 15 complaint, Patagonia, Inc. and Patagonia Provisions, Inc. sought a declaration that the duties are unlawful and a full refund of those paid; the court stayed the case the same day under an administrative order.Federal court docket (CourtListener)
Patagonia says it filed a trademark suit against Pattie GoniaThe company says it tried for several years to avoid the lawsuit.Patagonia Works
SoHo store union certifiedWorkers at the New York store voted 12 to 0 on March 21, 2026, with 6 challenged ballots that did not affect the result, to join the Retail, Wholesale and Department Store Union.National Labor Relations Board
Patagonia Works and co-plaintiffs ask to reopen their 2017 Bears Ears caseFiled under the lead caption Hopi Tribe v. Trump, the motion asks the court to reopen Utah Diné Bikéyah v. Trump and let them add claims against a July 13, 2026 proclamation on Bears Ears National Monument.U.S. District Court for the District of Columbia (CourtListener)
NLRB denies Great Pacific Iron Works' request for review in the SoHo caseGreat Pacific Iron Works is Patagonia's retail company; its request concerned the regional director's decision directing the SoHo store election.National Labor Relations Board

On the record

Open postings on Patagonia's job board when read at 21:54 UTC on Oct 5, 2026 (19 based at its Ventura headquarters)36as of

Who runs Patagonia right now?

Patagonia's March 2026 board release lists founder Yvon Chouinard among its current board members (Patagonia Works) and says his daughter, Claire Chouinard, was taking over as chair (Patagonia Works).

Chief executive officer (named CEO of Patagonia Works, the holding company, in a release dated Sept 24, 2020)
President (named head of Patagonia, Inc., the apparel and equipment business, in Sept 2020)
Board chair, announced March 2026, taking over from Charles Conn, who the release says will remain on the board
Claire Chouinard
Patagonia statedPatagonia Works
Founder (1973); listed as a current board member in the March 2026 board release
Yvon Chouinard
Patagonia statedPatagonia Workscorroborating source
Joining the board, announced March 2026: Coppola, former CEO of Decathlon and chief digital officer of Ikea; Chand, former vice president of corporate development of Levi Strauss & Co., business unit director of Target and co-founder and CEO of private brands at Amazon
Barbara Martin Coppola, Natasha Chand
Patagonia statedPatagonia Workscorroborating source
Chief communications and impact officer
Chief people and culture officer and global head of justice and belonging
General counsel, Patagonia Works
Executive director, Holdfast Collective; with the Chouinard family and one independent member, on the board of Four Seas, LLC, the trustee it shares with the Purpose Trust, per the company's report
Greg Curtis
Patagonia statedPatagonia Workscorroborating source

What does Patagonia say about how it hires?

the company’s stated process

Patagonia lists its open roles on a public job board, which showed 36 postings when read at 21:54 UTC on October 5, 2026 (Patagonia job board). Its Australian careers page quotes founder Yvon Chouinard's book Let My People Go Surfing: the company doesn't usually advertise in the Wall Street Journal, attend job fairs or hire corporate headhunters, preferring an informal network of friends, colleagues and business associates (Patagonia Australia).

How does Patagonia say it grows?

Patagonia's report says it repaired 174,799 items worldwide in fiscal 2025 (Patagonia) and that it co-founded OUTO (Opening Up The Outdoors) in 2021 with The North Face, Adidas Terrex, Arc'teryx and Vivobarefoot (Patagonia).

Worn Wear annual revenue, fiscal 2025 (212,000 products resold)$13Mas of
Growth stance in the 2025 report: no expansion before measuring the costs and setting clear benchmarksConditionalas of
Paid Meta advertising, per the 2025 report: it once drove significant sales; Patagonia joined the Stop Hate for Profit boycott of Facebook in summer 2020 and, the report says, continues itJoined 2020as of
In-scope factories making its products that paid a living wage in 2024 (another 29% paid 80% of a living wage or more)39%as of

Ask questions that show real research

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Patagonia's report shows net sales of $1.568 billion in fiscal 2023 and $1.47 billion in fiscal 2025. What do those figures mean for this team's plans?

Patagonia's report says the board decides twice a year whether the company can afford a dividend, after reinvesting in the business. Does that review touch this team's budget, and how?

In September 2024 Patagonia's chief executive said the company was saying goodbye to 41 colleagues in a restructuring. How did that change this team?

Of the 19 Ventura headquarters postings read at 21:54 UTC on October 5, 2026, 15 described Tuesday to Thursday on-site. What schedule does this team keep?

Patagonia's report says it doesn't expand until it has measured the costs and set clear benchmarks. Which benchmarks would this role answer to?

The brief adds more, tuned to your role.

What to ask about

company-general
Sales

Patagonia's report lists net sales of $1,568 million in fiscal 2023, $1,500 million in fiscal 2024 and $1,470 million in fiscal 2025 (Patagonia). Business Insider reported on November 27, 2024 that director of philosophy Vincent Stanley wrote in an internal memo that the company was experiencing the first sales decline in its history, and that a follow-up FAQ said hiring would be paused across the company; the article carries no company comment on the memo (Business Insider). Patagonia's job board listed 36 open postings when read at 21:54 UTC on October 5, 2026 (Patagonia job board). The brief maps what that means for your function.

Unions

Workers at Patagonia's Reno outlet store voted 9 to 5 to join UFCW Local 711, and the NLRB closed the case with a certification of representative on March 1, 2024 (NLRB). Workers at its SoHo store in New York voted 12 to 0 on March 21, 2026, with 6 challenged ballots that did not affect the result, to join the Retail, Wholesale and Department Store Union (NLRB). On September 22, 2026 the NLRB denied a request by Great Pacific Iron Works, Patagonia's retail company, for review of the decision directing the SoHo election (NLRB).

Living wage

Patagonia's report says 39% of the in-scope factories making its products paid a living wage in 2024, and that as its 10-year road map to living wages by 2025 neared its end, it "most likely won't hit 100% achievement at all factories" (Patagonia). Just Style reported on September 30, 2026 that Patagonia had joined ACT, the living-wage agreement between global brands and IndustriALL Global Union, citing a Patagonia statement on LinkedIn (Just Style).

What work schedule do Patagonia's Ventura postings describe?

Of the 19 postings based at Patagonia's Ventura headquarters when read at 21:54 UTC on October 5, 2026, 15 described a hybrid schedule with Tuesday to Thursday on-site (1 of those, a fixed-term role, also offered remote work), 2 required on-site work at the Ventura office, 1 said only that it was hybrid and 1 stated no work mode (Patagonia job board).

On-site child care for ages 8 weeks to 5 years: Ventura headquarters since 1983, Reno distribution center since 2016Since 1983
Paid activism hours a year for regular U.S. employees (4 for seasonal and fixed-term employees)Up to 18
Bail coverage (where applicable) for full-time, part-time and fixed-term employees who first attend nonviolent direct action trainingSince 2016
U.S. offices, stores and warehouse closed for every federal election (paid time off, per its Nov 2022 release)Since 2016
Patagonia statedPatagonia Workscorroborating source
Medical insurance cost covered for all part-time and full-time employees, plus 4 weeks of paid pregnancy disability and/or 12 weeks of paid parental bonding leave (company statement, June 2022)Covered
Patagonia statedPatagonia Workscorroborating source

Candidates also ask

Is Patagonia a good company to work for in 2026?

Patagonia's job board listed 36 open postings when read at 21:54 UTC on October 5, 2026, 19 of them at its Ventura headquarters (Patagonia job board). The company says it has offered on-site child care at Ventura since 1983 (Patagonia) and gives regular U.S. employees up to 18 paid activism hours a year (Patagonia). Its report shows net sales falling from $1.568 billion in fiscal 2023 to $1.47 billion in fiscal 2025 (Patagonia), and in September 2024 it said goodbye to 41 colleagues, about one percent of its workforce, in a restructuring (Patagonia Works) that Retail Dive reported was at its Ventura headquarters (Retail Dive).

Who owns Patagonia?

Under the ownership change Patagonia announced on September 14, 2022, the Patagonia Purpose Trust owns all of the voting stock, 2% of the total, and the Holdfast Collective all of the non-voting stock, 98% (Patagonia Works). Patagonia's report says the two share a trustee, Four Seas, LLC, whose board includes the Chouinard family, one independent member and Greg Curtis, the Holdfast Collective's executive director (Patagonia Works; Patagonia). In his 2022 letter, founder Yvon Chouinard called taking the company public another path ("What a disaster that would have been") and wrote, "Instead of 'going public,' you could say we're 'going purpose'" (Patagonia).

Is Patagonia profitable?

Chief executive Ryan Gellert wrote on September 30, 2024 that "while we remain profitable, we are vulnerable to the same economic headwinds many companies in our industry are facing" (Patagonia Works). The company's November 2025 report says "the 2025 fiscal year was tough" (Patagonia). Business Insider reported in November 2024 that an internal memo from director of philosophy Vincent Stanley described the first sales decline in the company's history; the article carries no company comment on the memo (Business Insider).

Is Patagonia financially stable?

Patagonia's report lists net sales of $1,568 million in fiscal 2023, $1,500 million in fiscal 2024 and $1,470 million in fiscal 2025 (Patagonia). It says the board decides twice a year whether the company can afford a dividend, after reinvesting in the business and reserving enough cash to operate independently (Patagonia), and that the Holdfast Collective has received $180 million since it was founded in August 2022 (Patagonia). Holdfast Trust, the largest of the five trusts in the Collective with 77.7% of any dividend, reported $62.2 million in dividends from Patagonia Works for the tax year ended December 31, 2024 (IRS Form 990), up from $38.9 million for 2023 (IRS Form 990).

What should I know about Patagonia's business before I interview there?

Patagonia's November 2025 report counts more than 160 stores worldwide, 106 of them owned, more than 5,700 wholesale partner locations and business in 45 countries (Patagonia), with 61% of fiscal 2025 sales in the U.S. (Patagonia). The report says Worn Wear resold 212,000 products for annual revenue of $13M that year (Patagonia). The report says Patagonia approaches growth conditionally (Patagonia), and that paid advertising on Meta platforms once generated significant sales for it but it joined the Stop Hate for Profit boycott of Facebook in 2020 and continues it (Patagonia).

Who is the CEO of Patagonia?

Ryan Gellert is chief executive officer (Patagonia Works); the board named him CEO of Patagonia Works, the holding company, in a release dated September 24, 2020 (Patagonia Works). Jenna Johnson is president (Patagonia Works). Patagonia announced in March 2026 that Claire Chouinard, daughter of founder Yvon Chouinard, was taking over as board chair from Charles Conn (Patagonia Works).

Has Patagonia had layoffs?

In June 2024 Patagonia told 90 of the 255 people on its remote customer-experience team to move within 60 miles of one of seven hub cities or leave, and a spokesman said most had opted to leave with severance (Fortune; Pacific Coast Business Times). On September 30, 2024 chief executive Ryan Gellert said Patagonia was saying goodbye to 41 colleagues, about one percent of its workforce, in a restructuring (Patagonia Works) that Retail Dive reported was at its Ventura headquarters (Retail Dive).

Have Patagonia's store workers unionized?

Workers at its Reno outlet store voted 9 to 5 to join UFCW Local 711, and the NLRB closed the case with a certification of representative on March 1, 2024 (NLRB). Workers at its SoHo store in New York voted 12 to 0 on March 21, 2026, with 6 challenged ballots that did not affect the result, to join the Retail, Wholesale and Department Store Union, and the NLRB certified the union on April 1 (NLRB). On September 22, 2026 the NLRB denied a request by Great Pacific Iron Works, Patagonia's retail company, for review of the decision directing the SoHo election (NLRB).

What benefits has Patagonia said it offers?

Patagonia says it has offered on-site child care at its Ventura headquarters since 1983 and at its Reno distribution center since 2016, for children from 8 weeks to 5 years (Patagonia), and that it has provided bail coverage (where applicable) since 2016 for employees who first attend nonviolent direct action training (Patagonia). It said in June 2022 that it covers the cost of medical insurance for all part-time and full-time employees and offers paid pregnancy disability and parental bonding leave (Patagonia Works). It says it has closed its U.S. offices, stores and warehouse for every federal election since 2016 (Patagonia Works), with paid time off, per its November 2022 release (Patagonia Works).

What work schedule do Patagonia's Ventura headquarters postings describe?

Of the 19 postings based at Patagonia's Ventura headquarters when read at 21:54 UTC on October 5, 2026, 15 described a hybrid schedule with Tuesday to Thursday on-site, 1 of which, a fixed-term role, also offered remote work; 2 required on-site work at the Ventura office, 1 said only that it was hybrid, and 1 stated no work mode (Patagonia job board).

One level down: your role

This page covers Patagonia as an employer, and the brief reads the same dated record against the role you want.

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